(IN BRIEF) AstraZeneca’s Truqap, in combination with Faslodex, has received a positive recommendation from the European Medicines Agency (EMA) for treating estrogen receptor-positive, HER2‑negative locally advanced or metastatic breast cancer with specific genetic alterations. The recommendation follows promising results from … Read the full press release
(IN BRIEF) Ørsted, a global leader in renewable energy, is divesting its French onshore operations to ENGIE as part of its strategic realignment towards key European markets for onshore renewables. The share purchase agreement includes the sale of OSTWIND International … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ENGIE, France, Kieran White, onshore renewables, partnership, sustainability, Ørsted
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending an additional loan of US$25 million in Turkish lira to Bunge Gıda to support their working capital needs while expanding training opportunities for women olive farmers in Turkey. … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged Bunge Gıda, EBRD, Empower Women Farmers, Olive Sector, partnership, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering Mongolia’s healthcare sector with a $43.2 million sovereign loan and a €5 million capital grant to the Government of Mongolia for the construction of a modern 250-bed hospital … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, investment, Mongolia, partnership, sustainability, Sustainable Healthcare
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has acquired an indirect minority stake in the renowned Polish cosmetics brand Bielenda through a €33.9 million investment in its holding company, Innova Central Holding SCA, alongside private equity fund … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged acquisitions, Bielenda, EBRD, Elisabetta Falcetti, Innova Capital, Leszek Muzyczyszyn, Marek Bielenda, partnership, Poland, sustainability, Tamas Nagy
(IN BRIEF) Infineon Technologies AG, in partnership with ETAS, introduces an advanced solution bundle integrating the ESCRYPT CycurHSM 3.x Automotive Security Software Stack into the AURIX™ TC4X Cybersecurity Real-time Module (CSRM). This collaboration aims to meet the escalating demand for … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged automotive, Cybersecurity, ETAS, Infineon, partnership, Rohan Pandit, Thomas Schneid
(IN BRIEF) Gasum Group’s financial review for the first quarter of 2024 reflects significant volume growth, particularly in the maritime and traffic segments, with sales volumes increasing by 73 percent compared to the same period in 2023. Despite a decrease … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Gasum Group, investment, Mika Wiljanen
(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Biogenic CO2 Capture, Christer Nordstrand, Climate-Positive Operations, partnership, Skutskär Site, Stora Enso, sustainability
(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Calle Medin, CO2 emissions, Husqvarna Group, sustainability
(IN BRIEF) Royal Philips has released its Q1 2024 results, showcasing a mixed performance marked by steady sales growth, significant litigation settlements, and ongoing operational challenges. Despite a 2.4% increase in group sales, comparable order intake saw a decline of … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Abhijit Bhattacharya, Financial, investment, Philips, Roy Jakobs
(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged Finland, fossil-free, Kalle Luoto, Lotta Ruottinen, Nordec, partnership, SSAB, Steel Supply Chain, sustainability
(IN BRIEF) Professor Angela Schoellig from the Technical University of Munich (TUM) has harnessed the power of ChatGPT to develop choreographies for swarms of drones synchronized to music, while implementing an additional safety filter to prevent mid-air collisions. This innovative … Read the full press release
(IN BRIEF) Wood, a prominent consulting and engineering firm, has named Jennifer Richmond as its Chief Strategy Officer (CSO) to spearhead strategic growth initiatives. Richmond, who previously served as Executive President of Strategy and Development at Wood, brings a wealth … Read the full press release
(IN BRIEF) Airbus has announced the launch of the Pléiades Neo Next program, aimed at expanding its high-resolution Earth observation constellation. This initiative will introduce new satellite assets and capabilities, including improved native resolution, to augment the existing Pléiades Neo … Read the full press release
(IN BRIEF) DeLaval, a Swedish-based dairy and farming machinery producer under the Tetra Laval Group, has opted for SAP S/4HANA Cloud to revolutionize its ERP system as part of a comprehensive company-wide overhaul. By embracing cloud technology, DeLaval aims to … Read the full press release
(IN BRIEF) BevZero, a global leader in beverage innovation, takes a significant step towards sustainability with the installation of 100 solar panels, generating 50 kW of peak power, on the rooftop of its Spain facility. This initiative, representing an annual … Read the full press release
Posted in Energy, Gas & Oil, Environment, Food & Beverage, Industrial, Infrastructure & Utilities, Spain, Technology
Tagged alcohol-free beverages, beverage innovation, beverage services, Beverage Solutions, BevZero, carbon emissions, clean energy, dealcoholization, Dealcoholization Equipment, dealcoholization technology, Dealcoholize, eco-friendly solutions, environmental stewardship, ISO 14001, materials efficiency, photovoltaic generator, quality certifications, renewable energy, Silvia Cedeno Daguerre, solar panels, Spain facility, sustainability initiative, waste reduction
(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global Fiber Congress (GFC) from September 11 to 13, 2024, aimed at bachelor and master students focusing on ecological challenges in the fiber and textile industry. … Read the full press release
Posted in Austria, Awards, Business, Environment, Industrial, Management, Media, News, Science, Technology
Tagged Awards, fiber, Gert Kroner, INNOVATION, Lenzing Group, sustainability, textile industry, Young Scientist Award
(IN BRIEF) Josée Ouellet, Vice President of Services for Alstom in North America, has been appointed as the Grand Ambassador of Université de Sherbrooke in Quebec, Canada. This prestigious recognition from the university acknowledges Ouellet’s exceptional career achievements and contributions … Read the full press release
(IN BRIEF) Alstom was honored with the 2024 Hydrogen Mobility Award at the 2024 Canadian Hydrogen Convention Award gala for its groundbreaking achievement of commissioning the first hydrogen train in the Americas. The Coradia iLint, Alstom’s hydrogen-powered train, carried over … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, Transportation & Logistics
Tagged 2024 Hydrogen Mobility Award, Alstom, Awards, CANADA, Canadian Hydrogen Convention, Coradia iLint, Michael Keroullé, partnership, sustainability
(IN BRIEF) Alstom’s Innovation Station in Stockholm has initiated a pioneering two-year collaboration with Tåg i Bergslagen (TiB), a train operator in Sweden’s Bergslagen area, focusing on advancing railway technology. This unique partnership aims to develop innovative solutions to enhance … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Alstom, Innovation Station, Maria Signal Martebo, partnership, Stockholm, sustainability, Tåg i Bergslagen (TiB)
(IN BRIEF) Alstom’s industrial site in Catalonia welcomed Spanish Minister of Transport and Sustainable Mobility, Oscar Puente, and Renfe President, Raül Blanco, for a tour showcasing the innovative manufacturing process for the 201 new Coradia high-capacity commuter trains being produced … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged Alstom, High-Capacity Commuter Trains, Leopoldo Maestu, Oscar Puente, partnership, Raül Blanco, Renfe, Spain, sustainability
(IN BRIEF) Evonik has enhanced its capabilities for RESOMER® powder biomaterials at its Darmstadt site in Germany with the implementation of advanced solvent-free micronization technology. This innovation allows for the production of customized powders with varied particle sizes and material … Read the full press release
(IN BRIEF) PUMA Hoops and LaMelo Ball have teamed up to unveil the LaFrancé, their first-ever lifestyle shoe collaboration. Inspired by LaMelo’s signature style and his lifestyle brand LaFrancé, the sneaker takes cues from 90s and early 2000s skate footwear, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, News, Sports
Tagged LaFrancé, LaMelo Ball, Noah Bice, partnership, PUMA Hoops, Sneaker, sports
(IN BRIEF) PUMA, in collaboration with the Mercedes-AMG PETRONAS Formula One Team, introduces a groundbreaking collection by Mad Dog Jones, blending style, performance, and motorsport. Inspired by the vibrant energy of Miami’s Thermal Vision, the collection captures the chromatic vibrancy … Read the full press release
(IN BRIEF) FORVIA HELLA GmbH & Co. KGaA, in its Annual General Meeting held on April 26, 2024, saw its shareholders overwhelmingly approve the proposed dividend, maintaining the company’s established dividend policy. With a dividend payout of €0.71 per share, … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Annual General Meeting, Bernard Schäferbarthold, Financial, FORVIA HELLA, investment
(IN BRIEF) Energiekontor AG, a prominent German project developer and operator of wind and solar parks, has achieved the financial close stage of the Oederquart repowering wind park project in Lower Saxony’s district of Stade. The project, now poised for … Read the full press release
(IN BRIEF) DWS has been honored with multiple prestigious awards at recent industry ceremonies, showcasing its exceptional performance in the asset management sector. Among the accolades received, DWS won five Best of the Best Performance Awards from Asia Asset Management, … Read the full press release
Posted in Awards, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Awards, DWS, leadership, Outstanding Performance, Vanessa Wang
(IN BRIEF) Despite a slight decrease in unit sales, the TRATON GROUP reports a successful start to 2024, with increased sales revenue, adjusted operating result, and adjusted operating return on sales in the first quarter. The company sold 81,100 vehicles, … Read the full press release
(IN BRIEF) As the new season of the Deutsche Tourenwagen Masters (DTM) commences, Schaeffler and Marco Wittmann, brand ambassador since 2019, enter their sixth year of collaboration. Wittmann, driving for Schubert Motorsport, aims for success with the support of Schaeffler’s … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology, Transportation & Logistics
Tagged Brand Ambassador, Clément Feltz, Deutsche Tourenwagen Masters (DTM), innovations, Marco Wittmann, Markus Winkelhock, Matthias Zink, partnership, Schaeffler, sports
(IN BRIEF) Michelin and Porsche continue their longstanding partnership with the introduction of three tailored tire ranges for the all-electric Porsche Macan, marking another milestone in their collaborative journey of over half a century. Leveraging expertise gained from the World … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Bespoke Tires, Electric Macan, INNOVATION, Michelin, MICHELIN PILOT ALPIN 5 SUV NE0, MICHELIN PILOT SPORT A/S 4 NE0, MICHELIN PILOT SPORT EV NE0, partnership, Porsche, sustainability
(IN BRIEF) Telefónica Tech has been acknowledged as a pioneering force in the development and application of edge computing technology, as highlighted in the latest report by Analysys Mason. Edge computing, facilitated through Telefónica’s virtual data centers on the edge … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Telecom
Tagged Analysys Mason, edge computing, Mario Silva, Telefónica Tech
(IN BRIEF) BASF has expanded its sustainable food production offerings with the introduction of ecovio® T 2206, a certified industrial compostable biopolymer ideal for manufacturing black twines used in commercial greenhouses for growing annual fruit and vegetables. These twines, made … Read the full press release
(IN BRIEF) ArcelorMittal has published its first-quarter 2024 sell-side analyst consensus figures, revealing estimates for EBITDA, net income, and earnings per share. These figures, compiled by Visible Alpha based on the assessments of sell-side analysts, provide insights into the company’s … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged 1Q 2024 Analyst Consensus Figures, 2023 Factbook, ArcelorMittal, Financial, investment
(IN BRIEF) Eurojust recently hosted a landmark symposium in collaboration with the Belgian Presidency of the Council of the European Union, focusing on bolstering the rights and support systems for victims of crime across Europe. The symposium emphasized the need … Read the full press release
Posted in Belgium, Business, Government, Industrial, Law, Management, Media, Netherlands, News, Security & Safety
Tagged Belgium, Crime Victims, Eurojust, Europe, European Union, Mr Paul Van Tigchelt, Ms Hilde Vandevoorde, partnership, protection, symposium
(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Alpha Bank, Eurobank, European Investment Fund, Greece, green economy, Marjut Falkstedt, National Bank of Greece, Nikos Papathanasis, Orestis Kavalakis, partnership, PIRAEUS BANK, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and the European Patent Office (EPO) released a joint report revealing that over 22% of clean and sustainable technologies worldwide are developed within the European Union (EU). Leading fields in cleantech inventions include … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged António Campinos, Cleantech Innovation, EIB, Europe, European Patent Office (EPO), Nadia Calviño, partnership, sustainability
(IN BRIEF) Evotec Biologics, the biologics arm of Evotec SE, has introduced its proprietary J.CHO™ High Expression System for antibody expression. J.CHO™ optimizes biotherapeutic production processes by providing higher productivity and quality for complex antibody formats. Engineered from Chinese hamster … Read the full press release
(IN BRIEF) Ahold Delhaize has announced the full allocation of proceeds from its inaugural Green Bond to investments in Green Projects aimed at reducing the company’s greenhouse gas emissions and climate impact. The €500 million raised last year has been … Read the full press release
(IN BRIEF) Euronext extends congratulations to CVC Capital Partners plc (CVC) for its triumphant listing on Euronext Amsterdam under the ticker code “CVC”. CVC, a renowned global investment firm, boasts a rich history of over 40 years in private markets … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged CVC Capital Partners, Euronext Amsterdam, partnership
(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024, Saab
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
